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t ti.on, may be filed in the chain of title for tine property and the Owners agree to execute whatever documents are necess:nry ;o in;;nr= the filir.` � of this agreement or a short form thereof. 14. The above described property is here} ' rezoned from B-2 to Lit-lA. 15. Owners hereby release the iity, its emplove�es, agents and elected representatives, from any and all }?rior and prc-sent causes of action, known or unknown, including but not limited to the rezoning of this property as provided for herein, the denial of the 1979 marina license for the property, and the negotia- tion for and execution of. this agreement, 16. The variance granted herein and the approval of the final plat for the property shall be rescinded and be nu'-i and void if the Owners breach the terms of thereof. this agreement and the owners f ii.l to cure the breach within10 days of notice r�. _ i-�r±r � " � _ i l 1 n r - . F • • , ...tom ... .� .'. � _... t, .. _ ., _ ... � �... _ �. ... 17. In the event Ov nc_rs submit a final plat in 1980, in compliance with this agreement and the City has not. approved the final plat within 90 days thereof, as provided herein, then this agreement shall be null and void and the chancre of the property from B-2 Lakeshore Business District to LR-lA One Famiiv akeshore Residential District shall be invalidated and the zoning of the said property shall revert back to B-2 Lakeshore Business District use. 13. This offer by Owners shall remain open fpr ace prance and shall. be binding upon the Owners if signed by the City by /� 19. City releases Owner fc7N ng aperating a :Marina in 1979 without a permit and waives any rezoning fees and licensirny fees due under the terms of this agree- rnent. CITY OF ORONO � nn "1 K_ f t' l.liam B. Van Nest, �'Tavor~ I Z4'z1lter Benson:, - —~ �3.c>ri; �ldmini.strator James MCCI(-, �---- -T -- -- -- j - Ca > l.vnne